Created jointly by the Northern France Regional Council and the Chamber of Commerce and Industry, this new fund brings together French and other European financial stakeholders from the private and public sectors—FEDER, the European fund for regional development (€15 million), Caisse des Dépôts (€15 million), the European Investment Bank (€15 million) and Crédit Agriole Nord de France (€5 million).

Called Rev3, the fund is dedicated to growth! And estimates indicate that its impact could exceed initial assets five to six-fold, raising the total to €250 million.

This fund is 100% aimed at financing businesses committed to promoting one of the eight priorities of the Third Industrial Revolution: energy efficiency, a shift to renewable energy, energy-producing buildings, energy storage, a smart power grid, mobility of people and goods, the circular economy and the functional economy. Beneficiaries are either companies based in the region or companies prepared to invest here to grow—and create jobs in Northern France.

Rev3 will be able to take equity interests of between €1 million and €4.75 million in successful candidates, and may start analyzing applications as early as the first half of 2016.

Strategically located at the crossroads of London, Paris and Brussels, Hauts-de-France Region welcomes businesses from around the world. From offices in the heart of this bustling region, our economic development agency Nord France Invest identifies, attracts and assists foreign companies looking to set up and grow their business here. Visit our website to learn more about the many advantages of Northern France and the sectors where we excel: rail, automotive, logistics, healthcare and nutrition, ICT, e-commerce, digital creation, green business, technical textiles and more.